A piece in today’s Australian Financial Review on Australia not joining in on Trump’s trade attack on China.
Trade Minister Don Farrell spoke in an interview with the AFR (gated):
reluctant to be part of a US campaign
against China on trade, given that Australian exports to China are worth almost 10 times that to the US
- “China is our
largest trading partner. Chinese trade is almost 10 times more
valuable to Australia” - We don’t want to do less business
with China, we want to do more business with China. - We’ll make
decisions about how we continue to engage with China based on our
national interests and not on what the Americans may or may not
want.”
The AFR is gated, here is the link if you can access it for much more.
This article was written by Eamonn Sheridan at www.forexlive.com.